RBoS names AstraZeneca CEO Tom McKillop as new chairman UPDATE
LONDON (AFX) - Royal Bank of Scotland Group PLC said chairman Sir George
Mathewson will retire next April 28 and that Sir Tom McKillop, currently chief
executive of AstraZeneca PLC, will take over the role.
McKillop, who is also deputy chairman at RBoS, is set to retire from
AstraZeneca on Dec 31.
Commenting on the appointment, Mathewson said: "As chief executive of a
global company he has wide experience of operating successfully in different
international markets. He also has a comprehensive understanding of financial
services from his previous directorship of a major bank."
The bank also said Guy Whittaker will succeed Fred Watt as finance director
on Feb 1. Whittaker is currently Group Treasurer at Citigroup. In June 2005,
Watt announced his intention to leave the group.